More uptrend for the market $SPX | #markets #trendfollowing #trading #investing #heikinashi

S&P-500 ($SPX) daily 

• (-) temporary top. Noise.

 

S&P-500 ($SPX) weekly 

• (+) more uptrend.

 

 

S&P-500 ($SPX) monthly 

• (+!) The indications of a top are fading. Advances ahead.

 

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$SPX, a top #heikinashi #markets #trendfollowing #trends #portfolio

The Market Breadth charts are based on the Relative Strength inside the SP-500 index.

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SP-500 ($SPX) daily

• (++) A short reaction is expected.

 

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SP-500 ($SPX) weekly

• (+) 3,090 is a decent support,  6.30% lower from here.
• (-) First time in negative territory since the March low.

 

SP-500 ($SPX) monthly

• (-) A classic Japanese candle pattern confirmed with a very low value for the market breadth (37 out of 502)

 

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$AAPL in the context of $SPY #markets #trendfollowing #heikinashi #Apple

$SPY daily

• (-)  Lack of volume, but price is more important than volume in the short-term.
• (+) Below the top volatility band.
• (+) Higher highs, higher lows.
• (+) Stop-loss? Below the end-of-July low.

 

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$AAPL daily

• (+) The S-oscillator points to an uptrend.
• (+) haDelta is positive.

 

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$SPY weekly

• See the daily comments above.

 

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$AAPL weekly

• (+) haDelta points to a continuation here.

 

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$SPY monthly

• (+) Still below the top volatility band.

 

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$AAPL monthly

• (+) S-oscillator points to the continuation of the uptrend.
• (++) Notice the aftermath of an haDelta crossing at zero!

 

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$SPX, a case for an new all-time-high | #markets #heikinashi #trendfollowing #investing #trading

S&P-500 ($SPX) daily

• (+) S-oscillator is above 90, with the average below it.
• (+) $SPX is near the all-time high.

 

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S&P-500 ($SPX) weekly

• (+) S-oscillator reversed higher below 90.

 

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• (+) In all past cases since 2010 – with one exception in 2018 – S-oscillator bullish reversals brought it to the 90-level and the index, higher.

 

S&P-500 ($SPX) monthly

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$SPX, Risk on #markets #SPX #SPY #markets #heikinashi

SP-500 ($SPX) daily

• (!) A pullback is expected.

 

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SP-500 ($SPX) weekly

• (+) Bullish

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